XPS Pension Group

XPS poll finds most schemes think government should drive UK investment with tax incentives

XPS research finds overall funding positions fell by around £28bn during December

XPS finds 73% of schemes with over £5bn have set a target to reach net zero by 2050

Transfer values dipped below £150,000 due to an increase in gilt yields

Broadstone says DB funding positions remain stable but buyout positions are improving

Slight increase is result of rise in inflationary expectations and fall in gilt yields

Trustees fearful of lack of engagement from members

Rise in inflation could cause members to delay retirement to avoid adverse impact on benefits

The funding position of the UK’s DB pension schemes improve sharply across all measures